News on this topic
Trump hints at India visit amid high-stakes trade deal talks : Trump's remarks come amid uncertainty about whether the president will attend the Quad Summit in ...
bbc.com/news/articles/c8x1ynv41qyo

More articles on this subject
Previous
US factories suffer ‘unprecedented’ rise in unsold stock: US factories are suffering from an “unprecedented” rise in unsold stock as Donald ...
telegraph.co.uk/business/2025/11/03/oil-prices-rise-opec-production-halt-ftse-100/

Tiny Guyana navigates eye-popping ascent on oil production and wealth: It shows how quickly oil money can transform — and test — a country.
axios.com/2025/11/07/guyana-oil-money-wealth-gdp-growth

Big trouble for petrol and diesel prices in South Africa: After a cut to fuel prices in November, rising global oil prices are catching up ...
businesstech.co.za/news/energy/842323/big-trouble-for-petrol-and-diesel-prices-in-south-africa/

U.S. oil output is at a record high, putting profits for producers at risk: Crude prices have already dropped to break-even levels for some producers
marketwatch.com/story/the-u-s-is-producing-record-amounts-of-oil-and-putting-profits-at-risk-8a8e7296
Paid articlePaywallRussia's oil revenues plunge just as US sanctions hit: Russia's oil and gas revenues totaled 7.5 trillion rubles over the first 10 months of 2025, down from 9 ...
businessinsider.com/russia-economy-oil-gas-revenue-sanctions-price-discount-lukoil-rosneft-2025-11
India's Russian oil imports rise in October, shiptracking data shows: India's crude oil imports from Russia are expected to have risen slightly in October from a ...
reuters.com/business/energy/indias-russian-oil-imports-rise-october-shiptracking-data-shows-2025-11-03/

Russian oil finds fewer buyers in China after sanctions hit: Chinese oil refiners have begun to avoid Russian supplies after the US and other countries ...
pravda.com.ua/eng/news/2025/11/03/8005542/

Oil prices steady despite OPEC+ plans to pause output increases: Oil prices were little changed despite news that OPEC+ plans to end its supply increases ...
reuters.com/business/energy/oil-extends-gains-after-opec-pauses-q1-output-hikes-2025-11-03/

India To Cut Direct Russian Crude Imports From December Amid US Sanctions: Top importer Reliance Industries Ltd, which has a long-term supply contract with ...
deccanchronicle.com/nation/world/india-to-cut-direct-russian-crude-imports-from-december-amid-us-sanctions-1915017

Oil output slumps as Nigeria, Libya, Venezuela drag OPEC+ targets: OPEC+ oil output slumped in October as production drops in Nigeria, Libya ...
punchng.com/oil-output-slumps-as-nigeria-libya-venezuela-drag-opec-targets/

World Bank projects Brent crude to average $60: Brent crude oil prices are expected to fall to an average of $60 per barrel in 2026, the World Bank has forecast ...
punchng.com/world-bank-projects-brent-crude-to-average-60/

What is an ‘oil glut,’ and why are companies worried about one?: Some experts in the industry are fearful of an impending "oil glut." But what does ...
pennlive.com/life/2025/11/what-is-an-oil-glut-and-why-are-companies-worried-about-one.html

India’s Russian oil imports plunge to 1.19 mn barrels per day: US sanctions trigger sharp drop in Russian oil imports to India; refiners are shifting strategies ...
financialexpress.com/world-news/us-news/indias-russian-oil-imports-plunge-to-1-19-mn-barrels-per-day/4031273/

Oil Prices Steady Despite OPEC+ Decision to Pause Output Increases - Jordan News | Latest News from Jordan, MENA
jordannews.jo/Section-113/All/Oil-Prices-Steady-Despite-OPEC-Decision-to-Pause-Output-Increases-46258

‘Champagne bottles had stopped popping.’ Why OPEC+ is making a move to ease an expected global oil glut.
marketwatch.com/story/champagne-bottles-had-stopped-popping-why-opec-is-making-a-move-to-ease-an-expected-global-oil-glut-d375fc37
Paid articlePaywallOil imports from US at 4.5-yr high in Oct: Russian supply also stays strong: India's crude oil imports from the US rose to the highest level in October since ...
business-standard.com/economy/news/oil-imports-from-us-hit-4-5-year-high-in-oct-russian-supply-remains-strong-125110301237_1.html

Paid articlePaywallOil steadies as market digests Opec+ output plans: OIL prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pause output hikes ...
thestar.com.my/business/business-news/2025/11/04/oil-steadies-as-market-digests-opec-output-plans

Signs of pullback: Sharp drop in Russia oil exports to India after US sanctions: In the week to October 27, crude oil exports to India from Russia averaged 1 ...
indianexpress.com/article/business/signs-of-pullback-sharp-drop-in-russia-oil-exports-to-india-after-us-sanctions-10344497/

Europe's energy executives caution against oil supply glut next year : The bosses of some of Europe's biggest energy producers on Monday challenged forecasts of ...
reuters.com/business/energy/bp-ceo-expects-non-opec-oil-supply-growth-could-decline-by-april-2025-11-03/

Crude imports from Russia down 8% in Oct: The already growing US share in India’s crude basket underscores deepening US–India energy ties and aligns with India’s ...
financialexpress.com/policy/economy-crude-imports-from-russia-down-8-in-oct-4030873/

OPEC+ makes subtle shift to mitigate potential crude oil glut: OPEC+ managed to both meet market expectations and deliver a surprise by agreeing to a small rise ...
theglobeandmail.com/investing/article-opec-makes-subtle-shift-to-mitigate-potential-crude-oil-glut/
No oversupply in oil market, UAE Energy Minister says: Suhail Al Mazrouei tells Adipec 'we're seeing more demand' as Opec+ announces output increase for December
thenationalnews.com/business/energy/2025/11/03/no-oversupply-in-the-oil-market-uae-energy-minister-says/
Türkiye begins reducing Russian oil imports following imposition of fresh US sanctions
novayagazeta.eu/articles/2025/11/03/turkiye-begins-reducing-russian-oil-imports-following-imposition-of-fresh-us-sanctions-en-news

Chinese Refiners Cut Russian Oil Imports Ahead of New U.S. Sanctions – Bloomberg: Chinese oil refiners are scaling back imports of Russian crude after the U.S ...
themoscowtimes.com/2025/11/03/chinese-refiners-cut-russian-oil-imports-ahead-of-new-us-sanctions-a91021

Oil prices up as OPEC+ pauses output hikes in Q1 amid glut fears: Oil prices rose slightly early on Monday after OPEC+ decided to hold off on production hikes in ...
dailysabah.com/business/energy/oil-prices-up-as-opec-pauses-output-hikes-in-q1-amid-glut-fears
Oil extends gains after Opec+ suspends output hikes in Q1: SINGAPORE: Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first ...
thestar.com.my/business/business-news/2025/11/03/oil-extends-gains-after-opec-suspends-output-hikes-in-q1

Opec+ to pause production growth after modest December rise: The group led by Saudi Arabia and Russia decided to raise production by 137,000 barrels per day for ...
thenationalnews.com/business/energy/2025/11/02/opec-to-pause-production-growth-after-modest-december-rise/

OPEC+ looks set to further hike oil output: Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil ...
omanobserver.om/article/1179040/business/energy/opec-looks-set-to-further-hike-oil-output
OPEC+ looks set to further hike oil output: A 3D printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020 ...
business.inquirer.net/555969/opec-looks-set-to-further-hike-oil-output

Next
Similar to This
Previous
Oil slips on oversupply worries, sanctions risk in focus: SINGAPORE: Oil prices dipped in Asian trade on Tuesday as oversupply concerns outweighed uncertainty ...
thestar.com.my/business/business-news/2025/11/11/oil-slips-on-oversupply-worries-sanctions-risk-in-focus

India turns to the West as sanctions shake Russian barrels: As US sanctions hit Russia, India's oil basket is being reset—shifting from Russian to American and ...
forbesindia.com/article/news/india-turns-to-the-west-as-sanctions-shake-russian-barrels/2988583/1

OPEC+ agrees to small December oil output hike, and Q1 pause: Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137 ...
reuters.com/business/energy/opec-agrees-small-december-oil-output-hike-q1-pause-2025-11-02/

Turkey cutting Russian oil as sanctions reshape Moscow’s last major markets – Reuters
euromaidanpress.com/2025/11/02/turkey-moves-away-from-russian-oil/

OPEC+ further hikes oil output: OPEC+ further hikes oil output - Markets - The Jakarta Post
thejakartapost.com/business/2025/11/03/opec-further-hikes-oil-output.html

Russia's economy 'stinks,' Trump says, and lower oil prices will stop its war machine
cnbc.com/2025/08/05/russian-economy-stinks-trump-says-and-low-oil-prices-will-stop-war.html

India accuses US, EU of Russia trade double standards: Who is right?: India pushes back against sanctions, tariffs over its purchase of Russian oil ...
aljazeera.com/news/2025/8/5/india-accuses-us-eu-of-russia-trade-double-standards-who-is-right

OpinionWhy is Trump upset with India? It is not about peace in Ukraine: Russia’s emergence as India’s major supplier of crude oil is a consequence of US policy itself
indianexpress.com/article/opinion/columns/donald-trump-russian-oil-trumps-tarrif-on-india-10172780/

India Will Buy Russian Oil Despite Trump’s Threats, Officials Say: There is a growing sense in India that its leaders should not allow American policymaking to ...
nytimes.com/2025/08/02/world/asia/india-russia-oil-trump-threats.html

'I don't know anything about it,' says Trump on US imports of Russian fertilisers and chemicals
deccanherald.com/world/i-dont-know-anything-about-it-says-trump-on-us-imports-of-russian-fertilisers-and-chemicals-3667621

Indian state refiners pause Russian oil purchases amid Trump's 25% tariff announcement: Reports
deccanherald.com/business/indian-state-refiners-pause-russian-oil-purchases-reports-3659323

Indian state refiners hit pause on Russian Oil imports: Report: India, the world’s third largest oil importer, has been the biggest buyer of seaborne Russian ...
financialexpress.com/business/indian-state-refiners-hit-pause-on-russian-oil-imports-report-3932783/

Fresh EU’s Sanctions Against Russia - Tightening the Screws of Existing Prohibitions
kyivpost.com/post/57057

Russia 1, Iraq 2, Saudi Arabia 3..., despite threats from US, India buying huge amount of oil from..., which country is on the top?
india.com/business/russia-1-iraq-2-saudi-arabia-3-despite-threats-from-us-india-buying-huge-amount-of-oil-from-which-country-is-on-the-top-west-asia-israel-iran-uae-7942866/

Russia Falls Short of OPEC Oil Output Quota for June: The heavily sanctioned and militarily targeted producer of crude has missed its targets throughout much of ...
kyivpost.com/post/55873

OPEC+ members agree to larger-than-expected oil production hike in August: Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August ...
cnbc.com/2025/07/05/opec-members-agree-larger-than-expected-oil-production-hike-in-august.html

Key FactsOpec+ Boosts August Oil Output More Than Expected
Jul 5, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: thenationalnews.com
Summary created with AI assistance · Source: thenationalnews.com
- Opec+ has approved a 548,000 barrel per day increase in crude output for August, exceeding market expectations.
- This rise reflects confidence in a steady global economy and low oil inventories despite tariff pressures and slowing growth.
- The alliance will maintain flexibility to adjust production levels to support market stability as conditions change.
- A meeting on August 3 will determine September’s output, with some members balancing overproduction through compensation cuts.
Next
